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Search Results 0 to 22 of about 23 (some duplicates have been removed)
washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and pushed aside. this a team that has a very specific task, to pull together real reforms, right now. >> shepard: the president said the second amendment does guarantee an individual's right to bear arms. he believes the vast majority of gun owners in america are responsible. >> i am also betting that the majority the vast majority of law abiding gun owners would be the first to say that we should be able to keep a few law breaking. >> shepard: specifically the president is hinting at military style assault weapons and high ammunition clips. most americans support background checks before all gun purchases involving those private dealers. he addede need to work to make access to mental healthcare as easy as access to guns. and we need a closer look at a culture that glorifies guns and violence as he put it of course we have seen mass shootings over and over again. the president ticked off a long list today. and we have heard outrage and vows for
, everybody. i am gerri willis. it is a war of words over the fiscal cliff in washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it is very hard for them to say yes to me. gerri: what he stated that? >> it is incredibly sad and frustrating, that's what that is. the president, through the entire campaign, says wants a balanced aproach. we have increased spending from 2007 to 2012. $1 trillion. year over year. a trillion dollars. revenues at record highs. >> let's talk for a second about the republican response. gerri: white house is opposition for the backup plan. it is growing more bizarre and irrational by today. is this the kind of conversation that is going to get something done in washington? or
current tax rates in place for 99% of the country, the president further demanding that washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with concrete proposals no later than january that i will push without delay. this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speaker of the house john boehner or only wants to raise taxes on millionaires. >> if you look at what the speaker has proposed, he has conceded that income tax rates should go up, right now he only wants them to go up for mill
business senior washington correspondent with the very latest details. how close will this be? >> the vote on that tax bill, the one that would raise taxes on people making more than million dollars a year, they are still working on getting the republican leader, the speaker still working on getting enough votes to get that to pass later tonight. we expect that around 8:00. as one price for votes, right now than house republicans have also got a bill on the floor which would impose new spending cuts. what it would be technically is it would replace the sequester, get rid of those big cuts in defense spending. replace that with about $300 billion in new spending cuts over ten years. some republicans want to be able to say they voted for spending cuts before they even consider voting for a tax increase. they're debating the right now on the floor, the spending cut bill. take a listen. >> we don't just have a fiscal clef. we have of fiscal abyss in front of us, and that is at debt crisis that is on our horizon. failure to address this debt crisis means not just 47 percent of americans, but ev
of oil. we'll drill down on the answers. >>> plus, more talk and no walk in washington. shocker there. both side insist we need to stop spending. not that they're cutting a single penny from a single government program. fox news's bret baier with the real cost of spending. >>> we all love a good hamburger, right? but is that pesky wrapper keep getting in your way? one fast-food chain may have solved the problem for good. they're making the wrapper edible. you have to see this one to believe it, trust me. even when they say it's not it is always about money. melissa: first, let's take a look at the day's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. now shar
that we all identify with every aspect of it. >> the other big story in washington and around the nation, in the wake of the newtown shootings, president obama says gun regulation will be, quote, a central issue of his second term. vice president joe biden has been tapped by the president to lead the effort and work with cabinet members on making recommendations before the president's state of the union address. the choice of biden makes sense given his extensive anti-crime portfolio as a long-time delaware senator. he helped to pass a ban on assault weapons in 149. he also received an "f" rating from the nra. he acknowledged that gun legislation alone would not solve the problem. >> we know this is a complex issue that stirs deeply-held passions and political divides. as i said on sunday night, there's no law or set of laws that can prevent every senseless act of violence in our society. we're going to need to work on making access to mental health care at least as easy as access to a gun. we need to look more closely at a culture that all too often glorifies guns and violence. and any
each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt ceiling. democrats are calling this vote a waste of time. but, george, boehner is saying the president has a choice. support this plan or see a massive tax increase on virtually all americans after january 1st. >> yeah, they seem to think this is going to put the pressure back on the white house. but, jon, like you, i've been in touch with both sides overnight. and these talks right now are going absolutely nowhere. the chance that the country is going to go over that fiscal cliff are really rising. >> report
states well above 2%. is anything that is happening in washington right now going to contribute? not at all. connell: you might as well come up with something. just make the most of it and move on. >> i would like to see the so questioner. it would show the united states can reduce spending. i think it would have a very positive affect. i do not think it reduces spending enough that it would have any real material effect on the economy. all right, dan, thank you very much. good stuff. talk about this number. 3.1%. on the surface, just look at that, that is not bad. john riding is here now to say that recession is, believe it or not, not off the table. >> absolutely. only if we go over the cliff in 2013. i am not worried about the spending side. it is the hundred billion dollars. it is the tax side that is the real issue. the economy is growing at two. we cannot make that. connell: we will talk about housing a little bit later. >> these are all good numbers. if you give the economy a chance, we could have that growth in 2013. connell: if you give the economy a chance. patch is ba
of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to watch the president have a 45 minute press conference and john boehner have a 45 second. >> steve: sometimes less is more . >> brian: they are not getting along. >> gretchen: one good message from the lincoln movie other than not getting assassinated. he set out what to do >> brian: he won over leaps and bounds in order to get a deal >> chris: he did. >> gretchen: that's what they are doing now. or trying tompt approaching the fiscal cliff. the democratic senate took the night off to watch the movie. doug is in washington with us. were you invited. >> of course not. you have to figure out the pop corn was free . the movie was free . we know that they love free stuff here in washington. free movie tickets may have been tough for the guys to resist. it is possible that watching the lincoln movie, may have inspired the members of congress. at the very least. we know that a minimum of 150 minutes last night. two and ha
straight to u.s. government, focus on what it is paying that money to. u.s. government. washington. same folks for whom $1.5 million is a rounding error. these guys get the money? have you wondered what the heck they are doing with that money, last i checked there are no lockboxes. those big fine, every year government collects billions, where does that money go? we can't a lick about it forget about finding company that have to hand over the money, how about finding the government that pockets it and doing who knows what with it, marvin, thank you for joining us, where does it go? >> it goes to the u.s. industry, they pit -- treasury, they put it in general fund 92ot a lockbox thing. >> no unclose court issued a special order it cannot be used to pay the people they claim they are protecting that were injured. it goes to u.s. government to spend like they want to spend, it is almost like a slush fund. neil: the victims of that supposed abuse are not awarded? >> they still have to find their own lawyers. >> money gets dumped in this general fund, what do they do with that? >> they use it
. >>> doug luzader live in washington. thank you. >> that leads us to today's "look who's talking." she says it has been three months since the deadly attack in benghazi and no one is held accountable especially the terrorists that were involved. >> we have not done anything to capture or kill any of the terrorists who under took this action who killed our people. that's in large part because we have no interrogation program, because we are treating this like a law enforcement matter because the fbi is asking nicely can we get access to the one person who seems to be in custody, tunisians. but we have done nothing to bring anybody to justice for these murders. this is a 4 part scandal and coverup. neither the president nor the secretary of state has given anybody a true or full accounting of what happened and what they knew and what they knew it. >> as mentioned earlier hillary clinton is expect to do testify on the benghazi attack in mid january. she may be retired from her post by that time. >> five more victims of the sandy hook masses kerr will be played to rest. katherine hubbard, ann m
. ackman says they are doing today. >> a perfect storm is brewing in washington and at this hour. the house gets set to vote on plan b which the white house has said is a nonstarter. house speaker boehner will hold a news conference in about 15 minutes or so. we will take it live here. first, to john hart wood at the white house. john? >> sue, we've had a pretty relentless game of messaging bing pong between democrats and republicans today. we hear from eric cantor about plan b that house intends to take up. then we heard from harry reed, now just behind me, jay carney is briefing. but bottom line from the standpoint of republicans, as negotiations with the white house have broken down, is that as eric cantor said a few minutes guy to reporters, they put the onus squarely on the president right now, saying that the action by the house today, which they say they have the votes to pass is the only concrete action to avoid the fiscal cliff. >> and the president has a decision to make. he can support these measures or be responsible for wreckless spending in the largest tax hike in american his
is agreeing to another bad inside-the-beltway washington deal. by the way, stealing from our children and our grandchildren -- that's immoral. which party now will stand up for them? for our kids? our grandkids? which party's going to stop the madness? joining me with reaction, florida senator marco rubio. you know, senator, i am a little frustrated here because this is our one check and balance -- and that case has not been made. what's wrong with making the case that they are the party against generational theft? i think that's a winning issue for any party that makes that case. >> thanks for having me on. it was a very powerful introduction. you are exactly right. here's the fundamental problem. i recognize the difficult position that the speaker's in now, if january,ing nothing happens, we go over the fiscal cliff. but i are right in the point we are making. this is the great flaw in all of these arguments that the president's making that i wish more people were talking about. if you raise taxes on the wealthiest americans, who he calls the wealthiest merv, people making $250,000 or more,
us from washington, senator bill nelson from florida who has been trying hard to secure the release of corporal hammar. am i making any mistakes here? >> good evening, bill. and, yes, we all want to get him out and we want him out by next week by christmas. so he can be home. i would just point out that the white house is involved i have talked to both of them today. i have asked the state department to have our general council our con sill general in mat morris and consulate to get back in there again and see him. the one thing that i think is a little different than your recitation of the facts is that it was when we found out about him being in the general prison population last august, when he was picked up that we asked because of the obvious threats to his life and attempted shakedowns to get him out of there. got him into the same prison but an administrative facility and that's where you see the photograph of him in a room by himself and they have actually got cuff on his leg chained to the bed. that has since been removed but i think that didn't occur for some period of tim
reid in washington. cheryl: hold your vote on plan b but it will get nowhere in the senate, right after that but there will be a lot of wrangling going on. it is all in the negotiation, a little back and forth. melissa: so much theater. i am melissa frances. lori: i am lori rothman. this is the real deal. no kabuki theater here. this takes the spotlight on capitol hill with the clock counting down, any chance plan a, b will pass in time? john boehner expected to speak about the cliff in 15 minutes, we will bring those compelling comments live. melissa: the national federation of independent business met with the president yesterday about the cliff. he will join us in a moment. american banks on guard for a new round of cyberattacks. your money could be at risk. we will talk to one cybersecurity expert who helps banks, stock exchanges or more protect themselves from attack. lori: a blockbuster deal for the intercontinental exchange, taking over the 200-year-old wall street institution in an $8 billion deal. charlie gasparino has new details. let's get updated on the markets, stocks belon
into washington has gone up 3% year. we had the bush tax cuts and two recessions but the cash coming in consistently went up. sounds like we should be in good shape. we are not in good shape because spending went up twice as fast and the biggest bulge in spending occurred in a last four years under president obama. let's look at this objectively. tax revenues keep rising but we spend it all and then some. that is why we go deeper and deeper into debt. fast forward to the present and we see president obama refusing to offer real restraints on spending. he wants to spend more. worse yet in my opinion he is the connecticut shooting to push his tax and spend position. the use that terrible event to impose surrender or try to on john boehner. here are the dollar numbers. we spend $3.5 trillion a year and at $1 trillion to our debt every year. we will be $20 trillion in debt in four years and that is being optimistic. i don't think president obama will get to grips with spending. i think he wants to transform america. he will raise taxes on up you and redistribute to the many who then vote
, it's a rain maker for new york, philadelphia and washington, but then that moves out by tomorrow afternoon. >> just so i make it home to see mom. >> you'll get there. >> i hope so. thanks, alexandra. >>> two state department officials employees of hillary clinton are testifying right now before the house and senate committees after that blistering report on exactly what went wrong in benghazi, the committee headed by thomas pickering and admiral mike mullen. admiral mullen had this to say. >> while we did not find that any individual u.s. government employee engaged in willful misconduct or knowingly ignored his or her responsibilities, we did conclude that certain state department bureau level senior officials in critical positions of authority and responsibility in washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission. >> a total of four senior state department officials have either resigned or placed on administrative leave in the wake of this report but what about s
in washington. >> do expect to close this deal second half. final question, the cme works they consider doing anything, coming in over the top? highly unlikely. my sources say because of anti-trust certainly in one way. didn't the first time when there was up potential. that is not expected. this deal is expected to make it to the finish line. one never knows. two shareholder votes needed. ice and nyse. >> fabulous reporting. first to get the deal price. well done. >> topic of conversation in this room this morning. as jim mentioned, futures on the rise a day after a concern about the fiscal cliff talks weighed on stocks. the batlogical escalate today. the house set to vote on boehner's so-called plan b. keep taxes from rising with people i incomes below $1 million in the event no deal is struchblg the president will veto the bill if it passes congress, he says yesterday, take me out of it take the deal. that was followed by the speakers a famous now -- by now famous 59-seconders were. jim, your point about big changes of control, these big disposition of assets happening, corporate america d
of the most explosive issues. if people think that washington was not afraid of this issue, and the gun lobby, i invite them to join us in trying to get people to come on television to talk about it. we've never had such a time as we had sunday trying to find people to come on on "face the nation." i know our competitors had the same problems to get people who, you know had been pro-gun in the past to come on and tell us exactly what it is this issue is all about. >> bob -- >> it's a very difficult issue. >> let me turn to the fiscal cliff. do you think they're getting any closer? >> you know, i actually do. for all the doom and gloom talk i mean let's look at what happened here. i mean speaker boehner has now said he is willing to increase tax rates for the upper income people. he says people over $1 million. well i would remind you that that's chuck schumer's plan back there, democrat chuck schumer said that's the way to go on this. the president has also said he's willing to make deeper cuts but they just are not there yet, and you know the power of christmas is ve
of washington. the news wasn't great but it wasn't we are so far away, we won't do anything until january. the news was more of the same. at the end of the day buyers stepped in, volatility continued to rise, the vix futures rose, coming off of a low-level, these investors stole the marketplace as well they should buy protection. ashley: thank you, we will check in with you in a few minutes to see how the is in the futures close. liz: and investment council chief investment strategist, fifth third bank chief -- on a day like today a few more trading days in the year. i want to start with robert here, pretty bullish. to what do you ascribe that? we had a very indecisive day until the last couple minutes. >> i don't think about and on the trading day. the mathematics look great in the market with 5% real earnings yield against the bond market that is so overvalued that it is hard mathematically not to be bullish about this long term. liz: what do you mean by that? >> if you look at the valuation of common stocks, we can talk about dividend yields relative to the bond market but if you just
out of washington. but before we get to that, why don't we start with our day anticipates top story. the i.c.e. and the nyse are in talks. the numbers put the price tag at about $8 billion. >> we watched this -- now, you said you were watching this last night with kudlow, right? >> i did. >> did you think david faber? did you think when was book ending? on this, it went up last night. i don't know why this chart is showing no movement. it went up six points. >> yeah, right. >> that wouldn't even bring those -- because we watched. faber was talking about that last night. >> maybe if we show the prior day. >> that was the prior day. >> there's a glitch or something. >> that was the prior day that didn't show the after hours trading card. it was right about 720 been i think, wasn't it? >> and all this followed and it's a big story. >> well, it is. it's interesting because it's nyse euronext. >> and this isn't the first time that i.c.e. did this. >> no. you will are ebb that i.c.e. made a joint unsuccessful bid for control of the nyse last year. when the two withdrew their offers, they
on that and we can create a critical mass some show washington to work together. >> you were saying today, you have been going to wakes and funerals all day long. >> my husband coined a term which is awful, an assembly line of wakes and funerals. we can't figure out which one to go to we have to divide and conquer. the sandy hook teachers are struggling trying to get to as many as possible. and that is true for many of the parents we are struggling with that. >> you are often waiting two hours to get into pay your respects. two to five hours it is freezing cold and yesterday that is raining. that is a wonderful thing because so many people are coming out to support the families. our town is gridlocked with traffic with people from out of town and with the media. we have to plan to leave our houses sometimes an hour before you want to be there. we can think of nothing else but funerals and wakes and maybe taking a meal to somebody. >> andre, how is your son doing he was there? >> it is difficult to talk about that. he is a little guy. he keeps a lot within himself. you see science like somethin
Search Results 0 to 22 of about 23 (some duplicates have been removed)